Joint Account definition

Joint Account means an Account opened in more than one name;

Joint Account means an Account jointly maintained in 2 names and a “Joint Account Holder” means a person in whose name a Joint Account is maintained;

Joint Account means an Account opened in names of two members.

Examples of Joint Account in a sentence

• This additional Joint Account Holder will be jointly and severally liable to BECU for any loss, including without limitation any returned item, negative balance, unpaid charges, or amounts owing on the Account and any and all additional Joint Accounts opened by the minor or Joint Account Holder.

• In either case, the Primary Account Holder and Joint Account Holder(s) each own the Account and each have the same authority on the Account, except for those things that only the Primary Account Holder can do (see below in subsection 1).

• No POD beneficiaries or Joint Account Holders are allowed on a benevolent Account.

• When you set up a Joint Account, you can designate it as either a JWRS or JWORS.

• Upon the death of an Account Holder and subject to BECU’s lien, funds are payable to the surviving Joint Account Holders (if any) or others in accordance with the Account Agreements and applicable law.

More Definitions of Joint Account

Joint Account means the account showing the charges paid and credits received in the conduct of the Joint Operations and which are to be shared by the Parties.

Joint Account means the account established and maintained by the Operator to record all Advances, expenditures and receipts in the conduct of Joint Operations;

Joint Account means the books of account maintained by the Operator to record all costs, expenses, credits and other transactions arising out of or in connection with the Mining Operations.

Joint Account means an Account opened in more than one name and includes an Account in the name of a partnership.

Joint Account means the account maintained in accordance with the Accounting Procedure showing the charges and credits accruing to the Participants.

Joint Account means an account payable on request to one or more of two or more parties whether or not mention is made of any right of survivorship.

Joint Account means a deposit in a financial institution in which 2 or more persons have an interest, either by way of ownership or right of withdrawal.